B2Gold Other Liab vs Accounts Payable Analysis

BTG Stock  USD 2.80  0.05  1.75%   
B2Gold Corp financial indicator trend analysis is way more than just evaluating B2Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B2Gold Corp is a good investment. Please check the relationship between B2Gold Corp Other Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.

Other Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of B2Gold Corp Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between B2Gold Corp's Other Liab and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of B2Gold Corp, assuming nothing else is changed. The correlation between historical values of B2Gold Corp's Other Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of B2Gold Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., B2Gold Corp's Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents B2Gold Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of B2Gold Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from B2Gold Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B2Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.At this time, B2Gold Corp's Discontinued Operations is most likely to increase significantly in the upcoming years. The B2Gold Corp's current Enterprise Value is estimated to increase to about 1.4 B, while Selling General Administrative is projected to decrease to roughly 56.7 M.
 2021 2022 2023 2024 (projected)
Interest Income12.6M12.0M19.9M15.5M
Tax Provision265.4M243.9M276.9M182.5M

B2Gold Corp fundamental ratios Correlations

0.030.160.620.990.90.910.98-0.270.420.980.560.990.840.91-0.210.560.670.610.770.790.360.540.940.17-0.36
0.030.160.39-0.130.02-0.210.180.86-0.770.06-0.480.13-0.21-0.220.83-0.480.030.320.310.310.380.7-0.060.31-0.43
0.160.160.310.130.250.140.13-0.050.00.160.270.110.180.280.050.260.10.080.270.320.160.180.35-0.36-0.17
0.620.390.310.530.70.470.630.080.010.630.380.60.340.56-0.030.380.540.380.710.740.330.570.660.27-0.33
0.99-0.130.130.530.880.950.94-0.410.550.970.630.960.880.94-0.340.630.680.570.70.720.310.410.940.14-0.3
0.90.020.250.70.880.830.89-0.290.330.890.60.870.70.86-0.250.60.590.510.790.840.330.50.920.15-0.33
0.91-0.210.140.470.950.830.85-0.510.630.910.640.870.840.92-0.330.640.680.680.610.670.450.250.90.14-0.13
0.980.180.130.630.940.890.85-0.090.250.970.411.00.810.85-0.050.420.60.630.80.820.380.650.90.17-0.38
-0.270.86-0.050.08-0.41-0.29-0.51-0.09-0.92-0.22-0.81-0.14-0.36-0.470.88-0.81-0.330.040.01-0.010.10.51-0.360.04-0.11
0.42-0.770.00.010.550.330.630.25-0.920.40.710.320.550.62-0.830.710.380.06-0.030.02-0.11-0.440.47-0.080.09
0.980.060.160.630.970.890.910.97-0.220.40.490.980.870.93-0.160.490.640.610.710.750.330.520.930.16-0.3
0.56-0.480.270.380.630.60.640.41-0.810.710.490.430.40.61-0.691.00.680.190.480.480.190.00.610.22-0.18
0.990.130.110.60.960.870.871.0-0.140.320.980.430.840.87-0.090.430.610.630.760.780.360.610.90.15-0.36
0.84-0.210.180.340.880.70.840.81-0.360.550.870.40.840.93-0.340.40.370.370.420.460.040.190.82-0.16-0.14
0.91-0.220.280.560.940.860.920.85-0.470.620.930.610.870.93-0.440.610.530.420.550.610.140.230.95-0.04-0.19
-0.210.830.05-0.03-0.34-0.25-0.33-0.050.88-0.83-0.16-0.69-0.09-0.34-0.44-0.69-0.20.370.060.080.440.52-0.320.090.01
0.56-0.480.260.380.630.60.640.42-0.810.710.491.00.430.40.61-0.690.680.190.480.480.190.00.610.22-0.18
0.670.030.10.540.680.590.680.6-0.330.380.640.680.610.370.53-0.20.680.60.730.740.590.410.650.62-0.33
0.610.320.080.380.570.510.680.630.040.060.610.190.630.370.420.370.190.60.60.660.920.510.520.32-0.05
0.770.310.270.710.70.790.610.80.01-0.030.710.480.760.420.550.060.480.730.60.980.570.810.720.31-0.47
0.790.310.320.740.720.840.670.82-0.010.020.750.480.780.460.610.080.480.740.660.980.620.790.770.28-0.43
0.360.380.160.330.310.330.450.380.1-0.110.330.190.360.040.140.440.190.590.920.570.620.490.30.4-0.05
0.540.70.180.570.410.50.250.650.51-0.440.520.00.610.190.230.520.00.410.510.810.790.490.40.22-0.48
0.94-0.060.350.660.940.920.90.9-0.360.470.930.610.90.820.95-0.320.610.650.520.720.770.30.40.07-0.3
0.170.31-0.360.270.140.150.140.170.04-0.080.160.220.15-0.16-0.040.090.220.620.320.310.280.40.220.07-0.35
-0.36-0.43-0.17-0.33-0.3-0.33-0.13-0.38-0.110.09-0.3-0.18-0.36-0.14-0.190.01-0.18-0.33-0.05-0.47-0.43-0.05-0.48-0.3-0.35
Click cells to compare fundamentals

B2Gold Corp Account Relationship Matchups

B2Gold Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.4B3.6B3.7B4.8B5.1B
Short Long Term Debt Total261.9M110.0M75.1M57.2M191.1M243.2M
Other Current Liab2.3M8.2M1.1M103.3M9.4M8.9M
Total Current Liabilities165.1M286.1M231.2M233.6M311.9M162.2M
Total Stockholder Equity2.0B2.6B2.9B3.0B3.8B4.0B
Other Liab230.5M339.8M319.4M294.1M338.2M355.1M
Net Tangible Assets2.0B2.6B2.9B3.0B3.5B3.6B
Property Plant And Equipment Net2.0B2.4B2.2B2.3B3.5B3.7B
Net Debt121.3M(369.7M)(597.9M)(594.7M)(114.2M)(108.5M)
Retained Earnings(261.2M)254.3M507.4M588.1M393.8M413.5M
Accounts Payable83.4M89.1M111.7M114.8M166.3M174.6M
Cash140.6M479.7M673.0M651.9M305.3M224.6M
Non Current Assets Total2.3B2.6B2.5B2.6B4.1B4.3B
Non Currrent Assets Other68.8M76.5M70.8M219.4M305.6M320.9M
Other Assets73.3M127.1M147.0M219.4M252.3M264.9M
Long Term Debt235.8M48.7M25.2M41.7M152.0M232.5M
Cash And Short Term Investments140.6M479.7M673.0M651.9M305.3M226.8M
Net Receivables49.0M33.1M63.8M51.2M48.5M33.8M
Common Stock Total Equity2.2B2.2B2.3B2.4B2.8B1.6B
Common Stock Shares Outstanding1.0B1.1B1.1B1.1B1.2B793.0M
Liabilities And Stockholders Equity2.7B3.4B3.6B3.7B4.8B5.1B
Non Current Liabilities Total466.4M415.7M369.1M335.8M647.8M396.0M
Inventory217.9M238.1M272.4M332.0M344.7M362.0M
Other Current Assets24.2M11.9M37.0M7.9M8.6M15.4M
Other Stockholder Equity56.7M48.5M67.0M78.2M84.5M99.9M
Total Liab631.4M701.8M600.3M569.4M959.7M558.3M
Long Term Investments133.6M85.6M136.4M151.9M220.1M231.1M
Property Plant And Equipment Gross2.0B2.4B3.8B2.3B6.4B6.7B
Short Long Term Debt26.0M34.1M25.4M15.5M14.0M13.3M
Total Current Assets407.5M762.7M1.0B1.0B707.1M413.8M
Accumulated Other Comprehensive Income(145.1M)(138.5M)(136.3M)(145.9M)(124.6M)(118.4M)
Short Term Debt26.0M34.1M25.4M15.5M16.2M15.4M
Common Stock2.3B2.4B2.4B2.5B3.4B1.7B
Property Plant Equipment2.0B2.4B2.2B2.3B2.6B1.5B
Current Deferred Revenue53.4M154.7M93.0M120.1M138.1M145.0M
Long Term Debt Total454.5M235.8M75.9M49.7M44.8M42.5M

Currently Active Assets on Macroaxis

When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running B2Gold Corp's price analysis, check to measure B2Gold Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy B2Gold Corp is operating at the current time. Most of B2Gold Corp's value examination focuses on studying past and present price action to predict the probability of B2Gold Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B2Gold Corp's price. Additionally, you may evaluate how the addition of B2Gold Corp to your portfolios can decrease your overall portfolio volatility.
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Is B2Gold Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of B2Gold Corp. If investors know B2Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about B2Gold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
0.16
Earnings Share
(0.04)
Revenue Per Share
1.491
Quarterly Revenue Growth
(0.03)
The market value of B2Gold Corp is measured differently than its book value, which is the value of B2Gold that is recorded on the company's balance sheet. Investors also form their own opinion of B2Gold Corp's value that differs from its market value or its book value, called intrinsic value, which is B2Gold Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because B2Gold Corp's market value can be influenced by many factors that don't directly affect B2Gold Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.